Here's my take: Who gives a [Mod edit: user warned for foul language
]!?!? First, we'll stop funding the UN since we'll be too poor
to prop up that sorry sack of [more foul language
] communist organization.. Let the rest of the world do it!
Next, since the dollar has no intrinsic value, we'll erect HUGE trade protection policies. Tarrifs on imports will be taxed at hundreds of percent!
This way we can assure that our worthless dollars remain in our worthless country (Nice idea UN, shut down a full third of the consuming market -
should do wonders for the global economy!:dn
Since the dollar will be trashed
there won't be much of a need to export goods since raw materials will be too expensive and we'll receive very
little capital in return. So, ok rest of the world, kiss a vast portion of technology and R&D goodbye!
And finally, the best of all, we will bring a vast majority of jobs back into the US! Why bother manufacturing overseas if it can be done cheaper,
without tarrif, without cartage, right here in the US!? Especially since companies will have their ass taxed off trying to bring the goods back in
Yeah, you really thought this one out, eh UN? What a worthless bag of wind!
Sounds like a brilliant plan - take a basket of [mod edit for
more foul language
] currencies and trade against that!
Last time I checked there were about half a dozen currencies that really had any value
anyway. Good luck with that genius plan!
The whole reason that the dollar became the reserve currency to begin with was due to the strength of
American ingenuity, manufacturing and consumption which led to a demand in dollars. Do you asshats at the UN honestly think that you can arbitrarily
name a new "Basket of currencies" and that it will be in demand because you morons said so!? This is another reason why the US needs to stop
pissing away tax dollars on funding these fools!
Mod Edit: Profanity/Circumvention Of Censors – Please Review This Link.
[edit on 19 Mar 09 by Gools]